Homework Answers
Retained earnings
| Retained earnings | |||
| 12/31 | 19990 | 1/1 | 46970 |
| 12/31 | 61330 | ||
| 12/31 | 88310 | ||
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Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold...
Exercise 4-21 (Part Level Submission) Selected year-end account balances from the adjusted trial balance as of...
Exercise 4-21 (Part Level Submission) Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Debit Credit Accounts Receivable $55,180 Dividends 19,990 Depreciation Expense 10,030 Equipment 161,730 Salaries and Wages Expense 69,240 Accounts Payable $40,280 Accumulated Depreciation-Equipment 87,250 Unearned Rent Revenue 17,400 Service Revenue 139,690 Rent Revenue 4,710 Rent Expense 2,740 Retained Earnings 46,970 Supplies Expense 1,060 wwn us au pauur PRINTE Crunt Dec. 31 (To dose revenue account) Dec....
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Sarasota...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Sarasota Corp. is provided below. Credit Debit $69,700 25,250 12,670 204,290 87,460 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $50,880 110,210 21,980 176,450 5,950 3,460 59,330 1,340 Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually....
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Culver...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Culver Corporation is provided below. Debit Credit Accounts Receivable $79,860 Dividends 28,930 Depreciation Expense 14,520 Equipment 234,080 Salaries and Wages Expense 100,210 Accounts Payable $58,300 Accumulated Depreciation-Equipment 126,280 Unearned Rent Revenue 25,190 Service Revenue 202,180 Rent Revenue 6,820 Rent Expense 3,960 Retained Earnings 67,980 Supplies Expense 1,540 (a) Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent...
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017,...
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Marigold Corp. is provided below. Credit Debit $87,120 31,560 15,840 255,360 109,320 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $63,600 137,760 27,480 220,560 7,440 4,320 74,160 1,680 Your answer is partially correct. Try again. Prepare closing entries. (Credit account titles are automatically...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Whispering...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Whispering Winds Corp. is provided below. Debit Credit Accounts Receivable Dividends $58,080 21,040 10,560 170,240 72,880 Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue $42,400 91,840 18,320 147,040 4,960 Rent Revenue 2,880 Rent Expense Retained Earnings Supplies Expense 49,440 1,120 Date Account Titles and Explanation Debit Credit Dec. 31 Service Revenue 147,040 Rent Revenue 4,960 Income Summary...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Grouper...
Selected year-end account balances from the adjusted trial
balance as of December 31, 2022, for Grouper Corp. is provided
below.
Debit
Credit
Accounts Receivable
$84,220
Dividends
30,510
Depreciation Expense
15,310
Equipment
246,850
Salaries and Wages Expense
105,680
Accounts Payable
$61,480
Accumulated Depreciation—Equipment
133,170
Unearned Rent Revenue
26,560
Service Revenue
213,210
Rent Revenue
7,190
Rent Expense
4,180
Retained Earnings
71,690
Supplies Expense
1,620
Prepare closing entries. (Credit account titles are
automatically indented when the amount is entered. Do not indent
manually....
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Grouper...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Grouper Corp. is provided below. Debit Credit Accounts Receivable $82,760 Dividends 29,980 Depreciation Expense 15,050 Equipment 242,590 Salaries and Wages Expense 103,850 Accounts Payable $60,420 Accumulated Depreciation—Equipment 130,870 Unearned Rent Revenue 26,110 Service Revenue 209,530 Rent Revenue 7,070 Rent Expense 4,100 Retained Earnings 70,450 Supplies Expense 1,600 (a) Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent...
Exercise 4-20 (Part Level Submission) Selected year-end account balances from the adjusted trial balance as of...
Exercise 4-20 (Part Level Submission)
Selected year-end account balances from the adjusted trial balance
as of December 31, 2017, for Blue Spruce Corp. is provided
below.
Debit
Credit
Accounts Receivable
$62,440
Dividends
22,620
Depreciation Expense
11,350
Equipment
183,010
Salaries and Wages Expense
78,350
Accounts Payable
$45,580
Accumulated Depreciation—Equipment
98,730
Unearned Rent Revenue
19,690
Service Revenue
158,070
Rent Revenue
5,330
Rent Expense
3,100
Retained Earnings
53,150
Supplies Expense
1,200
(a)
Prepare closing entries.
View Policies Current Attempt in Progress The adjusted trial balance of Marigold Corp. at December 31,...
View Policies Current Attempt in Progress The adjusted trial balance of Marigold Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17,0 Dividends $5,500, Service Revenue $36,300. Salaries and Wages Expense $14,700, Insurance Expense $1,830, Rent Expense $3,810, Supplies Expense $1,410, and Depreciation Expense $800. Prepare an income statement for the year. MARIGOLD CORP Income Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 Retained Earnings, January 1 Retained Earnings Dividends Service Revenue MARIGOLD CORP....
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017,...
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Flint Corporation is provided below. Debit Credit $71,150 25,770 12,940 208,540 89,280 Accounts Receivable Dividends Depreclation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $51,940 112,500 22,440 180,120 6,080 3,530 60,560 1,370 [2] Your answer is partially correct. Try again. Prenare closina entries. (Credit account tides are automatically...
Exercise 4-21 (Part Level Submission) Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Debit Credit Accounts Receivable $55,180 Dividends 19,990 Depreciation Expense 10,030 Equipment 161,730 Salaries and Wages Expense 69,240 Accounts Payable $40,280 Accumulated Depreciation-Equipment 87,250 Unearned Rent Revenue 17,400 Service Revenue 139,690 Rent Revenue 4,710 Rent Expense 2,740 Retained Earnings 46,970 Supplies Expense 1,060 wwn us au pauur PRINTE Crunt Dec. 31 (To dose revenue account) Dec....
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Sarasota Corp. is provided below. Credit Debit $69,700 25,250 12,670 204,290 87,460 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $50,880 110,210 21,980 176,450 5,950 3,460 59,330 1,340 Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually....
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Culver Corporation is provided below. Debit Credit Accounts Receivable $79,860 Dividends 28,930 Depreciation Expense 14,520 Equipment 234,080 Salaries and Wages Expense 100,210 Accounts Payable $58,300 Accumulated Depreciation-Equipment 126,280 Unearned Rent Revenue 25,190 Service Revenue 202,180 Rent Revenue 6,820 Rent Expense 3,960 Retained Earnings 67,980 Supplies Expense 1,540 (a) Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent...
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Marigold Corp. is provided below. Credit Debit $87,120 31,560 15,840 255,360 109,320 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $63,600 137,760 27,480 220,560 7,440 4,320 74,160 1,680 Your answer is partially correct. Try again. Prepare closing entries. (Credit account titles are automatically...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Whispering Winds Corp. is provided below. Debit Credit Accounts Receivable Dividends $58,080 21,040 10,560 170,240 72,880 Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue $42,400 91,840 18,320 147,040 4,960 Rent Revenue 2,880 Rent Expense Retained Earnings Supplies Expense 49,440 1,120 Date Account Titles and Explanation Debit Credit Dec. 31 Service Revenue 147,040 Rent Revenue 4,960 Income Summary...
Selected year-end account balances from the adjusted trial
balance as of December 31, 2022, for Grouper Corp. is provided
below.
Debit
Credit
Accounts Receivable
$84,220
Dividends
30,510
Depreciation Expense
15,310
Equipment
246,850
Salaries and Wages Expense
105,680
Accounts Payable
$61,480
Accumulated Depreciation—Equipment
133,170
Unearned Rent Revenue
26,560
Service Revenue
213,210
Rent Revenue
7,190
Rent Expense
4,180
Retained Earnings
71,690
Supplies Expense
1,620
Prepare closing entries. (Credit account titles are
automatically indented when the amount is entered. Do not indent
manually....
Exercise 4-20 (Part Level Submission)
Selected year-end account balances from the adjusted trial balance
as of December 31, 2017, for Blue Spruce Corp. is provided
below.
Debit
Credit
Accounts Receivable
$62,440
Dividends
22,620
Depreciation Expense
11,350
Equipment
183,010
Salaries and Wages Expense
78,350
Accounts Payable
$45,580
Accumulated Depreciation—Equipment
98,730
Unearned Rent Revenue
19,690
Service Revenue
158,070
Rent Revenue
5,330
Rent Expense
3,100
Retained Earnings
53,150
Supplies Expense
1,200
(a)
Prepare closing entries.
View Policies Current Attempt in Progress The adjusted trial balance of Marigold Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17,0 Dividends $5,500, Service Revenue $36,300. Salaries and Wages Expense $14,700, Insurance Expense $1,830, Rent Expense $3,810, Supplies Expense $1,410, and Depreciation Expense $800. Prepare an income statement for the year. MARIGOLD CORP Income Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 Retained Earnings, January 1 Retained Earnings Dividends Service Revenue MARIGOLD CORP....
Exercise 4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Flint Corporation is provided below. Debit Credit $71,150 25,770 12,940 208,540 89,280 Accounts Receivable Dividends Depreclation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $51,940 112,500 22,440 180,120 6,080 3,530 60,560 1,370 [2] Your answer is partially correct. Try again. Prenare closina entries. (Credit account tides are automatically...
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